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Author: CNBC Online news

Dodge’s first electrified vehicle will be a new crossover called the Hornet

The first electrified vehicle for Stellantis’ Dodge brand will be a plug-in hybrid crossover called the Hornet, a resurrected name of a 1970s station wagon. Go to Source

Published August 17, 2022
Categorized as Automotive, News Site, US Motoring Press

Financing a new car? Here’s how much you can save thanks to a good or excellent credit score

For a five-year, new-car loan of $45,000, buyers with excellent credit scores generally can save thousands of dollars by qualifying for lower interest rates. Go to Source

Published August 16, 2022
Categorized as Automotive, News Site, US Motoring Press

Polestar will launch a hot new electric roadster — but not until 2026

Polestar said it will build a version of its popular O2 roadster show car. Production won’t start until 2026, but interested buyers can reserve now. Go to Source

Published August 16, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Manufacturing, Production/Sales News

SoftBank-backed Ola to launch first electric car in 2024

Ola’s venture into India’s electric car market will see it compete with companies like Tata Motors. Go to Source

Published August 16, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Electric vehicles, JLR, Mobility, Tata

Dodge will discontinue its Challenger and Charger muscle cars next year

Dodge will discontinue its gas-powered Challenger and Charger muscle cars at the end of next year, as the brand transitions to electric vehicles. Go to Source

Published August 16, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Electric vehicles

Drivers are paying an average $702 monthly for new cars: Here’s why that record high was ‘inevitable,’ says analyst

With interest rates rising and the average transaction price on a new car just below $46,000, consumers may want to explore ways to keep costs down. Go to Source

Published August 15, 2022
Categorized as Automotive, News Site, US Motoring Press

Elon Musk says Tesla has made over 3 million cars

“Congrats Giga Shanghai on making millionth car! Total Teslas made now over 3M,” Musk tweeted. Go to Source

Published August 14, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Electric vehicles, Tesla

The Motor City is moving south as EVs change the automotive industry

Automakers are investing in towns across the American South. The new plants bring tax and workforce advantages as the industry moves toward EVs. Go to Source

Published August 14, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Production/Sales News

Transportation Department is losing top auto safety regulator after a few months on the job

U.S. Transportation Secretary Pete Buttigieg said Steve Cliff will be leaving his role as head of the National Highway Traffic Safety Administration Go to Source

Published August 12, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged People

Huawei’s second quarter revenue rises slightly from a year ago

Chinese telecommunications giant Huawei released figures Friday that showed its first quarterly increase in revenue since 2020. Go to Source

Published August 12, 2022
Categorized as Automotive, News Site, US Motoring Press Tagged Financial Results

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